💡Don't miss the great buy opportunity in KNCUSD @KyberNetwork

Updated
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.853).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. KNCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.

Take Profits:
TP1= @ 2.027
TP2= @ 2.178
TP3= @ 2.317
TP4= @ 2.487
TP5= @ 2.675

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trade closed: target reached
50.56% profit...
Total Profit: 50.56%
Closed trade(s): 50.56% Profit

snapshot

Update Details:

Closed Profit:
TP1 @ 2.027 touched at 05.30.2022 with 8.84% Profit.
TP2 @ 2.178 touched at 05.30.2022 with 17% Profit.
TP3 @ 2.317 touched at 05.31.2022 with 24.72% Profit.

8.84% + 17% + 24.72% = 50.56%
Chart PatternsTechnical IndicatorsknckncusdkncusdtlongTrend AnalysisUSD

Also on:

Related publications

Disclaimer